Trump in office

[Oliver the Second]

Damn, I like your president. Wanna trade for Mark Carney?

Ah hell no. That would be like trading a Lamborghini for a Volkswagon bug.

[DKG]

Ah hell no. That would be like trading a Lamborghini for a Volkswagon bug.

More like a Lamborghini for a skateboard.

[Herman]

Walmart announced a new program to help small businesses in the U.S. in a victory for the tariff policies of President Donald Trump.

The retail giant said its "Grow with US" program would help businesses in the U.S. "navigate the complexities of retail and bring their products to a national stage."

[Herman]

Consumer spending outpaced government spending by 3.2 percentage points in the first quarter, which has been the strongest figure since the Q2 report back in 2022. Consumer spending is a strong indicator of economic health that can lead to several positive outcomes like GDP growth, increasing demand, and job creation.

The report found that inflation has also halted, with the PCE price index showing zero increase in costs from February to March. This is a promising figure compared to the 0.3% increase in costs in January.

"It's no surprise the leftovers of Biden's economic disaster have been a drag on economic growth, but the underlying numbers tell the real story of the strong momentum President Trump is delivering," press secretary Karoline Leavitt said in a statement Wednesday.

[DKG]

Donald Trump signed an executive order on Thursday directing the board of the Corporation for Public Broadcasting and relevant agencies to terminate federal funding for National Public Radio and the Public Broadcasting Service — not exactly the news that socialists may have wanted to hear on May Day.

"The CPB Board shall cease direct funding to NPR and PBS, consistent with my Administration's policy to ensure that Federal funding does not support biased and partisan news coverage," wrote Trump. "The CPB Board shall cancel existing direct funding to the maximum extent allowed by law and shall decline to provide future funding."

An excellent move. Tax dollars should not be subsidizing any media. Carney is increasing CBC's annual subsidy ten percent.

[DKG]

Donald Trump's budget lays out plans to cut funding for several federal programs and services that incentivize illegal immigration.

Trump's budget would eliminate the English Language Acquisition program, which promotes "educational equity" and touts multilingualism as opposed to encouraging English as the United States' primary language, according to the memo. Under former President Joe Biden's administration, this program was used to fund education for illegal aliens while "simultaneously promoting divisive ideological indoctrination in the classroom." Cutting this program alone would save the taxpayer $890 million.

Other "educational" programs on the chopping block include the Adult Education and Family Literacy Act grant program and the Migrant Education and Special Programs for Migrant Students, saving Americans $729 million and $428 million, respectively. These programs provide various educational services to illegal aliens, oftentimes encouraging "radical diversity, equity, and inclusion," or DEI.

Trump's budget would also eliminate the Department of Homeland Security Shelter and Services Program, which the White House charges "massively facilitated illegal migration" by providing transportation and shelter to illegal aliens in Democrat-run sanctuary cities and states, saving taxpayers $650 million. The budget would also eliminate another $3.5 billion in Migration and Refugee Assistance, which the Biden Department of State used to facilitate illegal migration on the premise of a "mostly bogus refugee status."

By eliminating these programs, Trump's budget would both actively disincentivize illegal immigration and simultaneously save Americans over $5.6 billion.

[Herman]

Apple announced it will spend 500 Billion dollars in the US to have their products "Made in America."
Who said tariffs don't work?

[Herman]

China just cut tarrifs on American goods another 25%.

Trump is winning.

[Prof Emeritus at Fawk U]

China just cut tarrifs on American goods another 25%.

Trump is winning.

Hells yeah!!!   

Viva Trump!!!!

[Lokmar]

China just cut tarrifs on American goods another 25%.

Trump is winning.

That makes me sad. I want a 100% fucking EMBARGO on chank goods into America!!!!

[Herman]

That makes me sad. I want a 100% fucking EMBARGO on chank goods into America!!!!

Me too. And that includes Shen Li, Fash and Zetsu.

[DKG]

President Trump's interests in strengthening the U.S. economy and reinforcing the nation's global leadership are on target. His push for tax reform, regulatory rollback, and more balanced federal spending reflects a prudent economic approach. Simultaneously, his administration continues to enforce border security and uphold a foreign policy centered on peace through strength.

The United States must also respond decisively to China's economic behavior. This includes addressing:

Violations of World Trade Organization rules.
Chinese firms listed on U.S. exchanges that fail to meet U.S. "Generally Accepted Accounting Principles."
Intellectual property theft.
Currency manipulation, which artificially boosts Chinese exports and disadvantages U.S. manufacturers.
If the current tariff policy generates hundreds of billions in tax revenue, the U.S. economy may still achieve robust growth by year-end. The potential drag from tariffs could be counterbalanced by the stimulative effects of lower taxes, deregulation, and more disciplined federal spending.

A firm response
While a more traditional free-market approach would be preferred — centered on stable monetary policy, tax cuts, deregulation, and devolving power to the states — it is evident that China's aggressive trade and military posture demands a firm response. Whether one agrees with Trump's tariff strategy or not, it represents a deliberate effort to defend America, defend domestic industries, and improve labor conditions for American workers.

Ultimately, history reveals that tariffs do not inherently cause inflation and should not alone justify restrictive monetary policy. Nor should tariff policy spark the uncertainty and instability that exist in today's global economy.